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Domo, Inc. Class B - DOMO STOCK NEWS

Welcome to our dedicated page for Domo Class B news (Ticker: DOMO), a resource for investors and traders seeking the latest updates and insights on Domo Class B stock.

Domo, Inc. (DOMO) is a leading company that provides a cloud-based platform aimed at optimizing business performance by connecting data, systems, and people within an organization. With an impressive backing of over $500 million from top-tier investors and spearheaded by seasoned professionals from renowned technology companies, Domo ensures real-time access to data and insights, empowering every employee from the CEO to the frontline workers.

The Domo platform serves as a subscription-based service, enabling users to manage their business operations from their smartphones. Key features include real-time notifications on any device, immediate actions on invitations, and seamless write-backs to the original systems of record. This innovative approach allows businesses to stay agile, make data-driven decisions, and improve overall efficiency.

Recent achievements include expanding their customer base and continuously enhancing their platform's capabilities to meet the evolving needs of modern businesses. Domo's partnerships with various industries highlight its versatility and effectiveness in diverse business environments.

Financially, Domo has shown steady growth, driven by its strong subscription revenue model and professional services. The company's focus on continuous improvement and customer satisfaction places it as a significant player in the cloud-based business intelligence sector.

Stay updated with the latest news and developments about Domo, Inc. to understand its impact on the business intelligence landscape and its potential for future growth.

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Domo (Nasdaq: DOMO) has launched a new multi-cloud data offering named Domo Cloud Amplifier, designed to facilitate seamless data integration across various cloud platforms. This solution allows businesses to unify data governance and gain real-time insights from existing data resources, enhancing their reporting capabilities. Key integrations include read and write access to Snowflake, read-only access to Dremio, and beta access to Amazon Redshift, Databricks, and Google Cloud’s BigQuery. The initiative addresses challenges organizations face with data silos, enabling faster access to actionable insights and improving operational efficiency.

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Domo (NASDAQ: DOMO) has scheduled a virtual investor session for April 4, 2023, at 10:00am MT / 12:00pm ET. This session aims to provide insights to investors and financial analysts regarding Domo's cloud-native data experience platform, which enhances business processes through actionable data solutions.

A live webcast will be available on the Domo Investor Relations website. Domo's platform is designed to optimize business processes and foster significant results, connecting with both cloud and legacy systems.

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Domo (NASDAQ: DOMO) recently held its inaugural Community Ovation Awards, celebrating customers who significantly impact their organizations through innovative data solutions. The awards featured over 350 nominations across 11 categories including the Most Innovative Application, Rookies of the Year, and Overall Excellence. Key winners included Megan Cappel from iPro Systems for Most Innovative Application and James Ly from Disney Streaming Services for Overall Excellence. Domo aims to empower users with a cloud-native data experience platform that transforms data into actionable insights.

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Domo has launched new low-code and pro-code features aimed at enhancing data accessibility for users across all skill levels. Key offerings include integration with the Microsoft Office Suite, new Variables for dashboard flexibility, and Domo Bricks for creating custom applications. The company also introduced Automated Workflows in beta and Jupyter Workspaces for advanced data processing. These updates are part of Domo's strategy to empower organizations to achieve data-driven decisions and improve operational efficiency.

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Domo (Nasdaq: DOMO) has announced the finalists for its inaugural Domo Community Ovation Awards, recognizing customers who have made significant impacts through innovative data usage. With nearly 350 submissions, the awards focus on 11 categories including Most Innovative Application, Rookie of the Year, and Executive of the Year. Winners will be revealed in a virtual ceremony on March 28, 2023, at 5 PM MT. This initiative highlights Domo's commitment to transforming businesses through data-driven solutions, further enhancing its community engagement.

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Domo has announced the full agenda for Domopalooza 2023, featuring renowned speakers, including New York Times best-selling author Liz Wiseman. This virtual event will take place annually, allowing attendees to learn from industry leaders on maximizing the impact of data in their businesses. Wiseman's discussion will center around her latest book, Impact Players, focusing on how individuals can enhance their contributions at work. The event aims to provide valuable insights on data-driven decision-making.

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FAQ

What is the current stock price of Domo Class B (DOMO)?

The current stock price of Domo Class B (DOMO) is $9.45 as of November 22, 2024.

What is the market cap of Domo Class B (DOMO)?

The market cap of Domo Class B (DOMO) is approximately 365.4M.

What does Domo, Inc. specialize in?

Domo, Inc. specializes in providing a cloud-based platform that connects data, systems, and people to optimize business performance.

How does Domo's platform benefit businesses?

Domo's platform offers real-time data access, notifications across devices, and actionable insights, helping businesses make informed decisions and improve efficiency.

What type of revenue model does Domo, Inc. use?

Domo, Inc. utilizes a subscription-based revenue model for its cloud-based platform, supplemented by professional services.

Who are the target users of Domo's platform?

The platform is designed for all employees within an organization, from CEOs to frontline workers, to connect them with necessary data and expertise.

How is Domo backed financially?

Domo is supported by over $500 million from some of the world's best investors.

Can Domo's platform be accessed on mobile devices?

Yes, Domo's platform can be managed and accessed from smartphones, allowing for on-the-go business management.

What recent achievements has Domo, Inc. accomplished?

Domo has expanded its customer base and enhanced its platform capabilities to better meet modern business needs.

What industries does Domo, Inc. cater to?

Domo caters to a wide range of industries, demonstrating its versatility and effectiveness in diverse business environments.

How does Domo ensure data security and integrity?

Domo integrates robust security measures to protect data and ensures seamless integration with existing systems of record.

Where can I find the latest news about Domo, Inc.?

You can find the latest news and updates about Domo, Inc. on their official website or through various financial news platforms.

Domo, Inc. Class B

Nasdaq:DOMO

DOMO Rankings

DOMO Stock Data

365.45M
33.00M
6.81%
68.32%
5.14%
Software - Application
Services-prepackaged Software
Link
United States of America
AMERICAN FORK